We offer a full range of Taxation services some key areas where we assist clients include:  

Capital Gains Tax (CGT)

We find that a proactive approach to CGT is critical which is why we strive to stay informed of our clients activities during the year rather than dealing with them all after 30 June when little can be done to legally minimise CGT.

We can save investors tax through careful planning and specialist advice on how to legally minimise the tax using rollovers, small business CGT concessions and other strategies.

Fringe Benefits Tax (FBT) and salary packaging

FBT is a complex area of the law that is often misunderstood by employers and employees alike. Due to its complexity, it is an area where there is significant risk to employers of an ATO audit if it is not being treated correctly.

Nexia Edwards Marshall has a team of experts who specialise in this area and can assist you with FBT advice throughout the year, together with the preparation and lodgement of annual FBT returns to ensure you are compliant.

This team also specialise in salary packaging for employees. They can assist with initial calculations through to everyday administration of packaging depending on your needs.

Below are FBT fact sheets available to assist you in understanding the different types of benefits:

Fuel Tax Credits

Most businesses can claim fuel tax credits – it is just the rate that varies depending on what fuel you use and how you use it in your business activities. We can assist you to ensure that entities in appropriate industries apply the credits correctly.

Goods and Services Tax (GST)

At Nexia Edwards Marshall we are experts in GST. Whether you need assistance in preparing your Business Activity Statement or have a more complex GST issue, we are here to help.

We have a team of GST experts who are skilled in researching and advising on complex GST issues including exporting and importing, developing and selling property, selling businesses and adjustments for changes in business use.

Income Tax

Income tax is the main tax you’ll pay so our understanding on a range of income tax implications means we are best placed to undertake the preparation of tax returns for individuals, companies, partnerships, trusts and superfunds.

We have an understanding of the applicable deductions and offsets available to you and can provide advice on issues such as whether you are an Australian resident for tax purposes and the impact that can have on you.

International Tax

In a global economy often our clients receive foreign income and we assist them to determine the foreign income to be included in the Australian Tax return. The specialists within Taxation Services can help you traverse complex cross-border laws. Our International Solutions team understands that every client has a specific international tax situation and we address those situations accordingly. We can assist you with structures and foreign entity ownership considerations as well as the application of transfer pricing rules.

Land Tax

Land Tax can be minimised through the use of appropriate ownership structures.  

Payroll Tax

Payroll Tax can be complex to decipher, especially in certain industries. We can advise what remuneration is included for calculating payroll tax.

Research and Development (R&D) Tax Offset

The R&D Tax Offset can be beneficial for many businesses which undertake R&D activities. We can advise on what activities qualify for the offset and then assist you with the application through determining the presentation choices and impact on financial statements.

Please download this fact sheet for more information on the R&D Tax Offset. 

Stamp Duty

Advise on potential stamp duty applicable to transactions and how to minimise those costs

Tax planning

Effective tax planning is an important part of any wealth creation or business strategy.

We take a proactive approach to tax planning and work with you to objectively assess and actively manage tax risk. We ensure that you are complying with tax law at the lowest possible cost, with consideration also given to future goals and objectives as to maximise new opportunities with strategies that cater for future obligations.

Wine Equalisation Tax (WET)

WET affects wine manufacturers, wholesalers and importers and has a complex application. We work with many clients that WET applies to and this gives us the knowledge and confidence to ensure the appropriate WET and WET rebates are calculated.